Monday, July 18, 2016

August Steve & Jack's Home News

Can you believe we just have a few more weeks before school starts back up? We hope you have been enjoying a fun, relaxing, and safe summer. This seems to be the time when so many of us take fun vacations and spend some quality time with family. As you may remember from last month's newsletter Jack and Mary Anne returned from their trip to Italy, Germany, & Switzerland and had a fantastic time!!!

Steve, Brigid, Ana, & Tali enjoyed a 'bucket-list' trip to Norway and just returned last week. They spent a couple of weeks enjoying Flam, Myrdal, Geiranger, Alesund, Trondheim, Bergen, & Oslo. The fjords were absolutely breathtaking! If you have never been, we highly recommend you get to Norway at some point in your life. The experience and scenery is amazing! Here is a link to one of our views from a hotel:
Norway photo

The 'midnight sun' is very much present with the sun never really setting in the summer, but rather just getting to twilight. That makes it hard to get kiddos to sleep!

Here are some MIBOR stats showing how strong our market still is (May 2016 vs. May 2015)
1) New listings DOWN 1.9%
2) Pending sales UP 5.7%
3) Closed sales UP 18.6%
4) Median sales price UP 3.9% to $159,000
5) Average sales price up 2.1% to $190,769
6) Percent of original list price received at sale UP 1.3% to 95.7%
7) Total active listings available at month end DOWN 11.4%
8) Months supply of inventory DOWN 18.8% to 3.9 months!

Here are a few upcoming events that you may find interesting to attend:
1) A financial planner friend of mine is hosting 3 seminars:
Griffin Capital Essential Asset REIT II-Wednesday, July 20th at 6PM at Sullivan's Steakhouse
Griffin-American Healthcare REIT-Wednesday, August 3rd at 6PM at Sullivan's Steakhouse
Griffin Institutional Access Real Estate Fund-Wednesday August 17th at 6PM at Sullivan's Steakhouse
RSVP to Dave Karandos at DaveKarandos@DLGWM.com

2) Steve is on the board of directors for the Westfield-Washington Chamber of Commerce and they are selling 50/50 raffle tickets to be drawn at their annual Lantern Awards ceremony in September. You do not need to be present to win. Tickets are only $20 each and a maximum of 250 will be sold for a maximum prize of $2,500. Please contact Steve if you would like to purchase one. The proceeds go toward providing college scholarships to graduating seniors of Westfield High School.

3) Steve's long-time networking/master mind group is hosting an open house/social next Tuesday, July 26th from 5:30-7:30PM at North End Barbecue & Moonshine in Nora located at 1250 E. 86th Street. It is FREE to attend and food and drinks will be provided along with great networking and socializing. Come join us!!! RSVP to Kylie@Welcome2Indy.com

4) Finally, don't forget about our monthly Happy Hour THIS Wednesday, July 20th from 5-6:30PM at Langton's Irish Pub in Carmel on Rangeline Road. We already have a good crowd and would love if you would join us. Just show up, even if only for a few minutes.

Click here to read our August newsletter

Click here to access our exclusive coupons & discounts

Click here to download our powerful mobile app.

Your friends in real estate,

Steve & Jack Rupp